$KAS / #Kaspa: Reaction in the target zone. A quarter of the supply recently moved between 3–4 cents 👀 KAS reacted upward within the expected range of $0.034 to $0.027, consistent with a possible completion of wave (2) (blue) within the active first alternative. However, a confirmed bottom formation is still pending. Here’s my updated on-chain analysis: The URPD distribution shows at which KAS price levels the tracked coins were last moved on the blockchain. Currently, approximately 6.95 billion KAS are concentrated in the $0.03–$0.04 range, accounting for 25.0% of the tracked supply. From October 30 to November 4, this holding increased by 282.1 million KAS, while the $0.04–$0.05 range lost around 136.6 million KAS. The distribution is thus becoming more concentrated between 3–4 cents. However, this includes internal wallet reallocations, which cannot be interpreted as confirmed buying or a definitive bottom. For my wave count, the critical level remains $0.025. If wave (2) (blue) completes successfully, a subsequent upward move as wave (3) (blue) remains possible. A break below $0.025 invalidates this count and raises the risk of further lows. Let’s go 💪 Knowledge is wealth. Recognize trends. Trade with foresight. TSC | Trend Serra Capital